VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $3.33 Million Investment in Insight Enterprises, Inc. $NSIT

Key Points

• Virginia Retirement Systems purchased 27,366 shares of Insight Enterprises valued at approximately $3.33 million, representing about 0.09% of the company. Other major investors, including BlackRock and California State Teachers Retirement System, also established or significantly increased positions.
• Insight Enterprises reported strong quarterly results, with EPS of $3.86 versus the $2.93 consensus estimate and revenue of $2.40 billion, up 14.7% year over year. The company issued fiscal 2026 EPS guidance of $12.20–$12.70.
• Analyst sentiment is favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $147.50. Shares opened at $156.05, near the 52-week high of $161.76, despite a recent 0.8% decline.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,366 shares of the software maker's stock, valued at approximately $3,333,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.09% of Insight Enterprises as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Insight Enterprises in the second quarter valued at $587,162,000. California State Teachers Retirement System increased its position in shares of Insight Enterprises by 11,754.5% in the 2nd quarter. California State Teachers Retirement System now owns 4,116,353 shares of the software maker's stock worth $501,372,000 after purchasing an additional 4,081,629 shares during the last quarter. Morgan Stanley raised its stake in shares of Insight Enterprises by 15.6% in the 4th quarter. Morgan Stanley now owns 2,681,920 shares of the software maker's stock valued at $218,496,000 after purchasing an additional 362,258 shares in the last quarter. State Street Corp lifted its position in shares of Insight Enterprises by 3.2% during the fourth quarter. State Street Corp now owns 1,183,203 shares of the software maker's stock worth $96,396,000 after purchasing an additional 36,566 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY acquired a new position in Insight Enterprises in the second quarter worth about $116,563,000.

Insider Transactions at Insight Enterprises

In related news, General Counsel Karim Adatia sold 248 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $157.40, for a total value of $39,035.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.21% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NSIT. JPMorgan Chase & Co. lifted their target price on Insight Enterprises from $135.00 to $160.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Raymond James Financial restated an "outperform" rating and set a $175.00 price objective on shares of Insight Enterprises in a research note on Thursday, August 6th. Needham & Company LLC raised shares of Insight Enterprises to an "overweight" rating in a report on Wednesday, May 27th. Barrington Research set a $180.00 target price on shares of Insight Enterprises in a research note on Monday, August 10th. Finally, Wall Street Zen upgraded shares of Insight Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Insight Enterprises presently has an average rating of "Moderate Buy" and an average price target of $147.50.

Insight Enterprises Trading Down 0.8%

Shares of NASDAQ:NSIT opened at $156.05 on Thursday. The company has a market cap of $4.58 billion, a PE ratio of 22.85, a P/E/G ratio of 1.14 and a beta of 1.10. The company's 50-day moving average price is $136.73 and its 200 day moving average price is $105.18. Insight Enterprises, Inc. has a fifty-two week low of $63.62 and a fifty-two week high of $161.76. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last posted its earnings results on Thursday, August 6th. The software maker reported $3.86 EPS for the quarter, topping the consensus estimate of $2.93 by $0.93. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The firm had revenue of $2.40 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter in the prior year, the firm earned $2.45 EPS. Insight Enterprises's quarterly revenue was up 14.7% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Sell-side analysts anticipate that Insight Enterprises, Inc. will post 11.5 earnings per share for the current year.

Insight Enterprises Profile

Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight's expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.

At the core of Insight's business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.

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